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News and Research

ASIC brackets intra-fund advice with scaled and personal advice

The Australian Securities and Investments Commission has framed intra-fund advice in the same context as scaled advice.

ASIC hires experts to help solve advice crisis

The Australian Securities and Investments Commission has hired expert advisers to help solve the problems of making financial advice more accessible and affordable amid the exodus of financial advisers.

CBA, Westpac and AMP facing new FoFA-related class actions

Breaches of the Future of Financial Advice rules will sit at the centre of class actions being formulated against the Commonwealth Bank, AMP and Westpac and a number of their current and former dealer groups.

AMP facing ‘between 5 and 50’ ASIC legal/regulatory issues

The Australian Securities and Investments Commission has confirmed that AMP Limited is facing multiple legal/regulatory issues – citing between “5 and 50”.

FSC pushes scaled advice model minus SOA requirement

The Financial Services Council is pushing a scaled advice model to help offset the exodus of advisers.

Industry news

Vigilance needed on suspicious super activity

Superannuation members need to regularly check their balance given the scams and fraud activity surrounding the

12 August

Retail stock investment platform, Simply Wall St has launched into the Canadian and New Zealand markets after a successful 2016.

Industry news

Munro fund launched to retail investors in Canada

12 August

Industry news

Synchron appoints new head of compliance

Hanna Abdullah has been appointed as head of compliance – policy and regulation, working alongside head of

12 August

Industry news

Bloomberg helps investors to evaluate ESG performance

Bloomberg has launched a proprietary environmental, social and governance score to help investors quickly evaluate

12 August

Industry news

Key super funds back ROA advice model

Superannuation funds would be able to deliver advice around the questions most asked by members via a record of

12 August

Industry news

US equity firm hires former ANZ head

Former ANZ private banking and advice head of research and governance, Amelia Kennedy, has been appointed by US-

12 August

UniSuper members were demanding more face-to-face advice despite the rise of robo-advice, with initial appointments growing by over 20 per cent.

Money Management Original

ASIC brackets intra-fund advice with scaled and personal advice

The Australian Securities and Investments Commission has framed intra-fund advice in the same context as scaled

12 August

BNY Mellon Investment Management has been awarded a mandate from Commonwealth Bank Group Superannuation scheme.

Money Management Original

Lifting SG key to minimising superannuation erosion – Deloitte

Ending the hardship early release superannuation regime on 30 December and proceeding with a lift in the

12 August

Money Management Research

Which ethical fund has returned 34% despite COVID-19?

The pandemic has given disruptive services the push needed to make remarkable growth and has helped one ethical/

12 August

Money Management Original

ASIC's $1.8 million+ failed pursuit of Westpac

The failed pursuit of Westpac over responsible lending has cost the Australian Securities and Investments

12 August

The Commonwealth Bank has posted a record $9.2 billion profit but its wealth businesses have turned in mixed results with funds management up but life insurance down.

Industry news

CBA posts solid result citing exit from wealth

Substantially exiting its wealth management businesses has helped the Commonwealth Bank post a solid result

12 August

All three William Blair Australian funds have been awarded ‘superior’ ratings from research house, SQM Research.

Industry news

Fourth month of positive super returns

While the median balanced superannuation option returned 0.9% in July, funds are still down 1.2% over the 12

12 August

ACS Fixed Int - Australia/ Global Bond

	Fund	3y(%) pa
1	IOOF MultiMix Diversified Fixed Interest ATR in AU	4.09
2	PIMCO Diversified Fixed Interest ATR in AU	3.80
3	Macquarie Dynamic Bond ATR in AU	3.63
4	Onepath Wholesale Diversified Fixed Interest Trust ATR in AU	3.62
5	UBS Diversified Fixed Income Fund ATR in AU	3.57